The U.S. Census Bureau announced the following value put in place construction statistics for February 2017:
Original Article on Morningstar
WASHINGTON--Total spending on construction in the U.S. rose a seasonally adjusted 0.8% in February from January to reach the highest level since April 2006, the Commerce Department said Monday.
Economists surveyed by The Wall Street Journal had projected a 1.2% increase.
Private-sector construction outlays also rose 0.8% to reach the highest level in almost a decade. Public sector spending rose 0.6% in February. It was the first monthly increase since October for the category.
The Commerce Department report on construction spending can be found at http://www.census.gov/construction/c30/c30index.htm